Enjoy millions of ebooks, audiobooks, magazines, and more

Only $11.99/month after trial. Cancel anytime.

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns

Written by John C. Bogle

Narrated by Thom Pinto


The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns

Written by John C. Bogle

Narrated by Thom Pinto

ratings:
4.5/5 (192 ratings)
Length:
5 hours
Publisher:
Released:
Apr 13, 2007
ISBN:
9781427201461
Format:
Audiobook

Also available as...

EbookSnapshot

Also available as...

EbookSnapshot

Description

Investing is all about common sense. Owning a diversified portfolio of stocks and holding it for the long term is a winner's game. Trying to beat the stock market is theoretically a zero-sum game (for every winner, there must be a loser), but after the substantial costs of investing are deducted, it becomes a loser's game. Common sense tells us, and history confirms, that the simplest and most efficient investment strategy is to buy and hold all of the nation's publicly held businesses at very low cost. The classic index fund that owns this market portfolio is the only investment that guarantees you your fair share of stock market returns.

To learn how to make index investing work for you, there's no better mentor than legendary mutual-fund industry veteran John C. Bogle. Over the course of his long career, Bogle, founder of the Vanguard Group and creator of the world's first index mutual-fund, has relied primarily on index investing to help Vanguard's clients build substantial wealth. Now, with The Little Book of Common Sense Investing, he wants to help you do the same.

Filled with in-depth insights and practical advice, The Little Book of Common Sense Investing will show you how to incorporate this proven investment strategy into your portfolio. It will also change the very way you think about investing. Successful investing is not easy. (It requires discipline and patience.) But it is simple — for it's all about common sense.

A Macmillan Audio production.

Publisher:
Released:
Apr 13, 2007
ISBN:
9781427201461
Format:
Audiobook

Also available as...

EbookSnapshot

About the author



Reviews

What people think about The Little Book of Common Sense Investing

4.6
192 ratings / 17 Reviews
What did you think?
Rating: 0 out of 5 stars

Critic reviews

  • In the 2014 Berkshire Hathaway shareholder letter, Buffett wrote most advisors "are far better at generating high fees than they are at generating high returns. … Rather than listen to their siren songs, investors — large and small — should instead read Jack Bogle's [book]."

    Scribd Editors

Reader reviews

  • (4/5)
    April 2009 Total return = the market, "helpers" only reduce that. Pay nothing to get everything. Earnings Growth Dividends = return which is fairly consistent over time. Speculation is a measure of emotions up/down. The miracle of compounding returns is overwhelmed by the tyranny of compounding costs. Time (not timing) and low cost win (including low taxes). Don't look for the needle, Buy the haystack.
  • (5/5)
    Book tell you everything and anything you need to know about the index fund and other alternatives and proves with hundreds of facts and information to support claims.
  • (5/5)
    The absolute only book you need on investing. Buy and hold index.
  • (5/5)
    Easy to follow, and very interesting ideas.
    A highly suggested read!
  • (5/5)
    Jack Bogle met his intended goal with this book.. Providing common sense, simple (but not easy to follow) advice for a stress free way of achieving investment success. In the time since this book was published, it has become simpler than ever to follow his advice since there are numerous brokerage apps that can be downloaded directly to any smart phone. However, although this has made things simpler, it has made following Jack's advice even harder. There are constantly new asset classes (crypto, pokemon cards, etc.), funds, industries, and all sorts of things being sold to the average investor at every turn. But having been in the investment markets for some time now, I fully abide by Jack's common sense approach and am sticking by his advice to "Stay the Course." This book is a must read for anyone looking to get into investing or even as a reminder to those being bombarded by the new flavor of the month funds month in and month out.
  • (5/5)
    "When dumb money starts to realize it's limitations, it ceases to be dumb money."

    Keep it simple:
    Diversify your long term investments with low cost, low tax index funds and you'll win the money game long term. That's the one sentence summary. The book goes deeper into the thesis, and it's worth every second of the listen. Give it a shot